The Latin Grammy Awards is stepping into Web3 through its first NFT collection in collaboration with OneOf Web3 music platform. This year’s 64th Latin Grammy Awards will have its first-ever nonfungible token (NFT) collection after the Latin Recording Academy signed a three-year contract for award show-related NFTs. The aforementioned partnership is between the Latin Recording...Continue Reading

BTC price action sees a new October peak amid a declining U.S. dollar and a successful prior day’s trading for U.S. equities. Bitcoin (BTC) saw its first trip above $20,000 on Oct. 4 as traders expected familiar resistance to cap gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Multi-week dollar lows fuel Bitcoin bulls Data...Continue Reading

The global fast food chain is among the first to participate in a crypto-friendly experiment in the town of Lugano. Multinational fast food chain McDonald’s started to accept Bitcoin (BTC) as a payment method in the 63,000-populated city of Lugano in Italian Switzerland, which is becoming a hotspot for crypto adoption in Western Europe.  A...Continue Reading

The overall security of the Bitcoin protocol, or hash rate, hit a new high of 158 exahash per second despite the price being down over 50% year to date. Bitcoin miners can’t stop, won’t stop. The Bitcoin (BTC) hash rate continues to surge to new all-time highs, despite a heavy price drawdown.  The Bitcoin mining...Continue Reading

Terra’s co-founder continues his adventures, writing code in his living room, posting on Twitter and hiding from Interpol all at once. Terra co-founder Do Kwon, wanted by South Korean authorities, seems to live in a digital-era James Bond movie. The businessman, whose whereabouts are currently unknown, reacted via Twitter to Interpol issuing a Red Notice...Continue Reading

Mastercard’s new product allows banks to find and prevent fraud on crypto merchant platforms within its network. The financial service provider Mastercard launched a new crypto service related to risk management on Oct. 3. Mastercard’s new service, Crypto Secure, is aimed to help banks find and prevent fraud on crypto merchant platforms. Crypto Secure combines...Continue Reading

Binance revealed it has more than 150 employees to cover its operations in Brazil and appears to be in good standing with the local government and regulatory agencies. Changpeng “CZ” Zhao-led crypto exchange Binance has opened up two offices in Brazil as the firm looks to tap the country’s emerging crypto market, with reportedly more...Continue Reading

Matrixport’s head of strategy said he believes the market is currently in a “wait-and-see environment” but could shift after the U.S. mid-term elections in November. Minor inflows for digital asset investment products over the last few weeks suggest a “continued hesitancy” towards crypto amongst institutional investors amid a slowdown of the U.S. economy.  In the...Continue Reading

Other users in the crypto Twitter Community believe lax security management is to blame for the latest phishing scam aimed at Beeple’s fans and followers. Non fungible token (NFT) artist Mike “Beeple” Winkelmann has found himself the target of phishing scammers yet again, warning users that the URL link to his official Discord server was...Continue Reading

Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by the USD. Stablecoin issuer Tether (USDT) has nearly completely slashed its commercial paper holdings, with less than $50 million worth of commercial paper units as of...Continue Reading